Q2 2020 Orange SA Earnings Call Transcript

Jul 30, 2020 / 06:30AM GMT
Stéphane Richard - Orange S.A. - Chairman & CEO

Good morning, everyone. Welcome to this presentation. I'll start by giving you the key highlights for Q2 2020.

Our revenues and EBITDAaL have demonstrated remarkable resilience in the context of COVID. We are reaping the benefits of our outstanding fixed and mobile networks with France delivering a very sound performance. As the European leader, our cybersecurity business was able to generate double-digit growth in an exceptional context, especially in France with 24% growth year-on-year in H1. At the same time, our cloud service activity posted a solid growth at plus 14% H1 year-on-year.

The execution of our tower and fiber assets program is on track. We are moving ahead with our FiberCo project, and we will relaunch Orange Concession in the PIN area in September in France.

And finally, let me remind you that I have reshuffled the Executive Committee so that we can address the post-crisis challenges more effectively.

Page 2. I'd like to start by remind you the exceptional context in which these

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